PRET A MANGER (USA) LIMITED
Company Information
- Company Number
- 03836164
- Registered Address
- 75b Verde, 10 Bressenden Place, London, England, SW1E 5DH
- Status
- Active
- Employee Count
- 679
- Turnover
- £60,468,000
- EBITDA
- £4,633,000
Additional Details
- Website
- https://pret.com
- Company Type
- Private limited Company
- Incorporated On
- 31 August 1999
- Nature of Business
- 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 31 | 42% | 51% | 7% | 7% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 25 | 73% | 23% | 4% | 19% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Dec 2024 | 4 | 95% | 0% | 5% | 11% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Dec 2024 | 29 | 77% | 3% | 20% | 31% |
| 01 Jan 2023 - 30 Jun 2023 | 23 Dec 2024 | 17 | 84% | 5% | 11% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Dec 2024 | 22 | 86% | 3% | 11% | 14% |
| 01 Jan 2022 - 30 Jun 2022 | 23 Dec 2024 | 10 | 92% | 3% | 5% | 8% |
| 01 Jul 2021 - 31 Dec 2021 | 23 Dec 2024 | 13 | 93% | 0% | 7% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Dec 2024 | 46 | 79% | 0% | 21% | 26% |
| 01 Jul 2020 - 31 Dec 2020 | 23 Dec 2024 | 29 | 34% | 6% | 60% | 66% |
| 29 Dec 2017 - 28 Jun 2018 | 26 Jul 2018 | 27 | 70% | 24% | 6% | 82% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Pret operates periodic payment runs and the operation of these payment cycles means that some suppliers may on occasion receive payment after the due date, but this practice is reflected within the reported net payment terms of 30 days. For suppliers with whom Pret A Manger has a strong relationship, based on mutual agreement, payment terms can go up to 120 days or more
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
Pret A Manger's accounts payable team are responsible for processing supplier invoices, matching to purchase orders, and handling dispute resolution. The team can be contacted by email, telephone or letter, and aim to proactively manage any query from suppliers. Where this query results in dispute, this is escalated within the finance team and within the business contact managing the supplier relationship.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
PRET A MANGER (USA) LIMITED is a fast-casual restaurant chain that specializes in freshly made sandwiches, salads, and other grab-and-go food items. The company was founded in London, UK in 1986 and has since expanded to over 500 locations worldwide, including several in the United States.
One of the key focuses of PRET A MANGER (USA) LIMITED is their sustainability program. They strive to source their ingredients from sustainable and ethical suppliers, as well as reduce waste and energy consumption in their operations. They also have initiatives to support local communities and charities.
Their menu features a variety of fresh and healthy options, including vegetarian and vegan choices. They also offer a wide range of beverages, including organic coffee and freshly squeezed juices.
The company is led by CEO Clive Schlee, who has been with PRET A MANGER since 2003. The registered office address for the company is 75B, Verde Street, London, W1K 7AB, United Kingdom.
For more information on their sustainability program, menu, and locations, customers can visit their website at www.pret.com/us. The website also provides contact information for customer service and feedback.
